Bullish on shares of Indian Hotels Company, Zomato: Sudeep Shah

SBI Securities executive Sudeep Shah said he is bullish on the shares of Indian Hotels Company and Zomato. "Indian Hotels is trading near all-time high levels, and momentum-based indicators are suggesting strong bullish momentum in the stock," he said. Shah added that Zomato's averages have started edging higher, which is a bullish sign.